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Majestic Gold Corp. V.MJS

Alternate Symbol(s):  MJGCF

Majestic Gold Corp. is engaged in mineral resource exploration, development and extraction. It operates the Songjiagou open pit gold mine in the eastern Chinese province of Shandong. Songjiagou Gold Mine covers over 75.04 square kilometers in Muping, Yantai, Shandong Province, China. It has four separate tenements, including E36/918, E37/1334, E63/2110 (Kumarl) Tenement and E77/2817 (Moorine) Tenement. These tenements are located in Western Australia, an area with demonstrated potential for the discovery of lithium oxide mineralization. E36/918 tenement has been granted and consists of two blocks located 150 kilometers (km) North of Leonora, about 50 kms north of Leinster, along the east side of the Kathleen Valley. E37/1334 tenement has been granted and consists of six blocks located west of Leonora township, 200 kms North of Kalgoorlie and 700 kms northeast of Perth, in the Goldfields region. E77/2817 (Moorine) Tenement consists of eight blocks located 400 kms east of Perth.


TSXV:MJS - Post by User

Bullboard Posts
Comment by wrzkllon Jun 10, 2011 11:17am
377 Views
Post# 18699095

RE: RE: Level II

RE: RE: Level IIMisterB, I share your frustration and I would like to thank you for all the due diligence that you share with us newbs. It's a bit frustating to see the share price test the 200MA. On the other hand, many of the major miners are at levels not seen since 08'. That to me is a bit mind boggling since gold is up over 33% since 08'. I hope and believe that Majestic will be the little engine that could with all the mayhem and dislocation taking place in the IG, HY, ABX and CDO markets. 
Bullboard Posts